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In times of low unemployment, employers are especially wary of losing good employees to other opportunities. Almost as risky is facing a situation in which the best employees lose their motivation and, thus, become less productive; eventually, they may also look for other jobs.
In part one of this article, we discussed the Enron and Theranos debacles with Scott Young, Managing Director of CultureIQ Solutions. Here, we will conclude that discussion and learn how competitiveness, forced results, and a lack of transparency all played a role in these disasters.
As someone who has worked continuously since I was legally able, I’ve had my fair share of terrible bosses—and I’m sure that you have, too. I struggled with the worst one long before I had ever heard of the concept of a hostile work environment or the damaging effects of bad company culture.
May 25 marked 13 years since Enron’s CEO and founder were convicted on fraud and conspiracy charges after the Texas energy giant imploded, wiping out $1.2 billion in shareholder equity. And June 15 will mark 1 year since Theranos’s CEO and COO were indicted in a scheme that defrauded investors to the tune of hundreds […]
continued is a company with a unique setup. A leading provider of online continuing education and career opportunities for health professionals in audiology, speech-language pathology, occupational therapy, and physical therapy, the company does not have a central office. All employees work remotely.
It’s easy to forget that every employee hired into your organization was once a candidate applying for a new job opportunity. These applicants chose your company over hundreds of others in the hopes of starting a new career journey. And it’s a jobseeker’s market today.
As we know, a good candidate experience is great for business, however, your “experience” efforts shouldn’t stop with the jobseeker. In order to retain top talent, you should also be focusing on improving the employee experience as well.
After years of discussion and research, one thing is clear about workplace culture: Getting it right is very important. Like employer branding, culture exists in every organization, whether everyone is aware of it or not. Also as with employer branding, it is very important that leaders in organizations take the reins of their culture; otherwise, […]
According to a recent study, 27% of U.S. travelers are planning to volunteer on a trip this year. Volunteerism, thankfully, is becoming a stronger trend, and in the case of potential employees in the Millennial generation, who, as a group, highly value volunteerism, it’s important to recognize this need in a benefits program. In fact, companies […]
Management doesn’t care about us—they don’t even know who we are. Management walks around the office and never talks to anyone—it’s like we are invisible.